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Large Incentives Being Offered Right Now

Ford Fusion Hybrid September car sales may have been slower than usual thanks to the lingering effects of Cash for Clunkers program, but car manufacturers have taken action this October to remedy that. Increased incentives are in store for leftover 2009 models and even a few brand-new 2010 models. Deals such as zero percent financing, cash rebates, and subsidized lease programs are great reasons for car shoppers to make their purchases now.

Some of the greatest incentives are those offered by luxury makers, which have been especially hard-hit by the recession. Look for good deals on 2009 models, including a $4,000 rebate on Chevrolet Corvettes and $6,000-$7,000 dealer incentives on the Saab 9-3 Convertible and the Saab 9-5. Additionally, Mercedes-Benz is offering dealer incentives ranging from $8,000 - $15,000 on its 2009 models to remedy its 13 percent drop in sales.

General Motors recently increased incentives on many of its models, even with the launching of its "May the Best Car Win" campaign which gives buyers a 60-day money-back guarantee.

Its Pontiac Vibe and Pontiac Solstice now come with a choice between $2,500 rebate and zero percent financing for 72 months. Besides that, GM is also offering deals on Saturn models, such as $4,000 off of the Saturn Aura Hybrid's sticker price of $26,000.

For those who have their eye set on a truck or a hybrid, you're in luck. GM has recently launched its yearly October Truck Month extravaganza, where you can find cash rebates and low-interest financing on trucks galore. But by far the best truck incentives are from Nissan. Its Titan pickup comes with either a $5,000 cash rebate or zero percent financing for 50 months and 1.9 percent financing for 72 months. As for hybrids, there are diesel credits on BMW's diesel models and cash rebates ranging in the $4,000s on Cadillac Escalades and Chrysler Aspens.

From pickup trucks to luxury models to minivans, it seems there are great deals on vehicles for everyone.

3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

Gregg Fidan Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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